Alibaba Group Holding Ltd (BABA) Position Raised by Private Capital Advisors Inc.

Private Capital Advisors Inc. boosted its position in shares of Alibaba Group Holding Ltd (NYSE:BABA) by 87.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,840 shares of the specialty retailer’s stock after buying an additional 1,325 shares during the quarter. Private Capital Advisors Inc.’s holdings in Alibaba Group were worth $490,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. First Eagle Investment Management LLC purchased a new stake in shares of Alibaba Group in the 3rd quarter worth about $104,000. Lorber David A purchased a new stake in shares of Alibaba Group in the 3rd quarter worth about $109,000. San Francisco Sentry Investment Group CA purchased a new stake in shares of Alibaba Group in the 2nd quarter worth about $116,000. Nelson Van Denburg & Campbell Wealth Management Group LLC grew its position in shares of Alibaba Group by 29.0% in the 2nd quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 890 shares of the specialty retailer’s stock worth $125,000 after buying an additional 200 shares during the period. Finally, Tower Research Capital LLC TRC grew its position in shares of Alibaba Group by 22.3% in the 2nd quarter. Tower Research Capital LLC TRC now owns 983 shares of the specialty retailer’s stock worth $139,000 after buying an additional 179 shares during the period. Institutional investors own 37.94% of the company’s stock.

Alibaba Group Holding Ltd (NYSE BABA) traded down $0.88 on Friday, reaching $187.79. 11,780,000 shares of the company’s stock traded hands, compared to its average volume of 21,200,000. The company has a quick ratio of 1.71, a current ratio of 1.71 and a debt-to-equity ratio of 0.21. The company has a market cap of $480,960.00, a PE ratio of 51.88, a P/E/G ratio of 1.44 and a beta of 2.52. Alibaba Group Holding Ltd has a 1-year low of $94.80 and a 1-year high of $192.49.

A number of analysts have recently weighed in on BABA shares. SunTrust Banks reaffirmed a “buy” rating and issued a $205.00 target price on shares of Alibaba Group in a research report on Friday, October 20th. Zacks Investment Research raised shares of Alibaba Group from a “hold” rating to a “buy” rating and set a $211.00 target price on the stock in a research report on Wednesday, November 8th. Needham & Company LLC upped their target price on shares of Alibaba Group from $190.00 to $215.00 and gave the stock a “buy” rating in a research report on Friday, November 3rd. BidaskClub raised shares of Alibaba Group from a “buy” rating to a “strong-buy” rating in a research report on Thursday, October 12th. Finally, Oppenheimer reaffirmed a “buy” rating and issued a $220.00 target price (up from $200.00) on shares of Alibaba Group in a research report on Monday, November 6th. One analyst has rated the stock with a sell rating, two have assigned a hold rating, thirty-three have assigned a buy rating and two have issued a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $186.06.

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Alibaba Group Company Profile

Alibaba Group Holding Limited is a holding company. Through its subsidiaries, the Company is engaged in online and mobile commerce through offering of products, services and technology that enable merchants, brands and other businesses to transform the way they market, sell and operate in the People’s Republic of China (China) and internationally.

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Institutional Ownership by Quarter for Alibaba Group (NYSE:BABA)

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